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Weekly wheat sales during the week ended March 27 were more than triple the previous week’s figure, exceeding the pre-report range, while corn and soybean sales rose 13% and 21%, respectively.
Corn, soybeans and wheat followed the general marketplace lower in overnight trade.
Details, market impacts and reaction
Corn, soybeans and SRW wheat each favored the downside in overnight trade.
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Corn, soybeans and SRW wheat each favored the downside in overnight trade as woes surrounding this afternoon’s tariff announcement dictate trade.
Corn led strength overnight as corn and wheat both extended Monday’s report driven gains. Soybeans followed to the upside.
Corn, soybeans and wheat each favored the upside in overnight trade with corn and wheat leading the way higher, extending yesterday’s report driven gains.